Ocata Therapeutics Inc fka OCAT

[rocky301]

louisa,


When I posted that info it was almost a year ago and I feel the same today. Not sure where the Company is at but I can't help believe they aren't considering that option. I believe the "rationale" is here..jmo

William M. Caldwell, Chairman and CEO of ACTC: I’m an investment banker and I can tell you that it has been my experience that reverse splits for the sake of reverse splits are very problematic. There has to be a rationale behind why someone would do such a thing and it has to be done around some sort of event that is accretive to shareholders and makes logical sense for all the stakeholders. I’m not inclined at all to recommend a reverse split unless that opportunity presented itself. If it does, based upon our charter, we would then have to go to the shareholders for their approval. In that way they would have an opportunity to understand our rationale and determine whether that makes sense for the majority of them. I think that’s about all I can say about that subject at this stage.